Zimbabwe: Fears Tobacco Proceeds Being Channelled to Offshore Accounts

Via AllAfrica | 04 May 2021 - 17:51:47
[New Zimbabwe] There are growing fears that earnings from tobacco, which remains touted as the country's second single largest foreign currency earner after gold's net export proceeds, might be far less in foreign receipts compared to other commodities because most of the contract schemes are sponsored using offshore funds. Source